Murphy USA
Market Cap
US$3.4b
Last Updated
2021/03/07 00:22 UTC
Data Sources
Company Financials +
Executive Summary
Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 6.8% per year for the next 3 years
Snowflake Analysis
Solid track record with mediocre balance sheet.
Similar Companies
Share Price & News
How has Murphy USA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MUSA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MUSA's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
MUSA
-0.6%
US Specialty Retail
-0.4%
US Market
1 Year Return
17.4%
MUSA
59.8%
US Specialty Retail
36.2%
US Market
Return vs Industry: MUSA underperformed the US Specialty Retail industry which returned 59.8% over the past year.
Return vs Market: MUSA underperformed the US Market which returned 36.2% over the past year.
Shareholder returns
| MUSA | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | -0.6% | -0.4% |
| 30 Day | -5.2% | -1.2% | -2.3% |
| 90 Day | -0.2% | 12.3% | 5.0% |
| 1 Year | 17.8%17.4% | 60.8%59.8% | 39.1%36.2% |
| 3 Year | 64.4%63.8% | 91.0%83.3% | 48.4%39.0% |
| 5 Year | 95.4%94.6% | 88.8%74.0% | 116.6%92.4% |
Long-Term Price Volatility Vs. Market
How volatile is Murphy USA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Should Murphy USA Inc. (NYSE:MUSA) Be Part Of Your Dividend Portfolio?2 weeks ago | Simply Wall St
Be Sure To Check Out Murphy USA Inc. (NYSE:MUSA) Before It Goes Ex-Dividend1 month ago | Simply Wall St
New Forecasts: Here's What Analysts Think The Future Holds For Murphy USA Inc. (NYSE:MUSA)Valuation
Is Murphy USA undervalued compared to its fair value and its price relative to the market?
9.47x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MUSA ($125.49) is trading above our estimate of fair value ($123.17)
Significantly Below Fair Value: MUSA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MUSA is good value based on its PE Ratio (9.5x) compared to the US Specialty Retail industry average (19x).
PE vs Market: MUSA is good value based on its PE Ratio (9.5x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: MUSA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MUSA is overvalued based on its PB Ratio (4.4x) compared to the US Specialty Retail industry average (2.9x).
Next Steps
Future Growth
How is Murphy USA forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-6.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MUSA's earnings are forecast to decline over the next 3 years (-6.8% per year).
Earnings vs Market: MUSA's earnings are forecast to decline over the next 3 years (-6.8% per year).
High Growth Earnings: MUSA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MUSA's revenue (13.3% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: MUSA's revenue (13.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MUSA's Return on Equity is forecast to be low in 3 years time (17%).
Next Steps
Past Performance
How has Murphy USA performed over the past 5 years?
12.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MUSA has high quality earnings.
Growing Profit Margin: MUSA's current net profit margins (4.1%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: MUSA's earnings have grown by 12.3% per year over the past 5 years.
Accelerating Growth: MUSA's earnings growth over the past year (147.9%) exceeds its 5-year average (12.3% per year).
Earnings vs Industry: MUSA earnings growth over the past year (147.9%) exceeded the Specialty Retail industry 22.7%.
Return on Equity
High ROE: Whilst MUSA's Return on Equity (49.24%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Murphy USA's financial position?
Financial Position Analysis
Short Term Liabilities: MUSA's short term assets ($625.2M) exceed its short term liabilities ($531.1M).
Long Term Liabilities: MUSA's short term assets ($625.2M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: MUSA's debt to equity ratio (127.6%) is considered high.
Reducing Debt: MUSA's debt to equity ratio has increased from 62.6% to 127.6% over the past 5 years.
Debt Coverage: MUSA's debt is well covered by operating cash flow (56.4%).
Interest Coverage: MUSA's interest payments on its debt are well covered by EBIT (11.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Murphy USA current dividend yield, its reliability and sustainability?
0.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MUSA's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: MUSA's dividend (0.8%) is low compared to the top 25% of dividend payers in the US market (3.64%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether MUSA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MUSA's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (1.9%), MUSA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MUSA's dividends in 3 years are forecast to be thoroughly covered by earnings (12.5% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.1yrs
Average management tenure
CEO
R. Clyde (56 yo)
7.58yrs
Tenure
US$7,139,742
Compensation
Mr. R. Andrew Clyde has been the President and Chief Executive Officer at Murphy USA Inc. since August 2013. He serves as Director at Federal Reserve Bank of St. Louis. Mr. Clyde is instrumental in the per...
CEO Compensation Analysis
Compensation vs Market: R.'s total compensation ($USD7.14M) is above average for companies of similar size in the US market ($USD4.96M).
Compensation vs Earnings: R.'s compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.58yrs | US$7.14m | 0.62% $ 21.2m | |
| Executive VP of Fuels | 7.58yrs | US$2.65m | 0.30% $ 10.4m | |
| Senior Vice President of Sales & Operations | 2.08yrs | US$1.26m | 0.013% $ 454.4k | |
| Senior VP & General Counsel | 7.58yrs | US$1.37m | 0.12% $ 4.1m | |
| Senior Vice President of Merchandising & Marketing | 4.5yrs | US$1.38m | 0.015% $ 518.4k | |
| Senior VP of Human Resources & Chief Information Officer | 2.17yrs | US$926.96k | 0.0080% $ 275.3k | |
| Vice President of Investor Relations & FP&A | 5.25yrs | no data | no data | |
| Senior Vice President of Strategy & Development | 0.25yr | no data | no data | |
| VP & Controller | no data | no data | 0.061% $ 2.1m | |
| Secretary | 5.08yrs | no data | no data |
5.1yrs
Average Tenure
52yo
Average Age
Experienced Management: MUSA's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.58yrs | US$7.14m | 0.62% $ 21.2m | |
| Independent Director | 7.58yrs | US$202.92k | 0.048% $ 1.7m | |
| Independent Director | 7.58yrs | US$240.42k | 2.57% $ 87.8m | |
| Independent Director | 7.58yrs | US$210.92k | 0.059% $ 2.0m | |
| Independent Non-Executive Chairman | 7.58yrs | US$366.92k | 2.77% $ 94.8m | |
| Independent Director | 5.17yrs | US$204.92k | 0.15% $ 5.1m | |
| Independent Director | 7.58yrs | US$245.92k | 0.53% $ 18.2m | |
| Independent Director | 2.33yrs | US$206.92k | 0.0023% $ 78.6k | |
| Independent Director | 7.58yrs | US$274.92k | 0.063% $ 2.2m |
7.6yrs
Average Tenure
65yo
Average Age
Experienced Board: MUSA's board of directors are considered experienced (7.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Murphy USA Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Murphy USA Inc.
- Ticker: MUSA
- Exchange: NYSE
- Founded: 1996
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: US$3.419b
- Shares outstanding: 27.25m
- Website: https://www.murphyusa.com
Number of Employees
Location
- Murphy USA Inc.
- 200 Peach Street
- El Dorado
- Arkansas
- 71730-5836
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MUSA | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Aug 2013 |
Biography
Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA and Murphy Express brand names. As of February 3, 202...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 00:22 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.